Virtus Global Multi-Sector Income Fund Announces Distributions

Rhea-AI Summary

Virtus Global Multi-Sector Income Fund (NYSE: VGI) has announced its upcoming monthly distributions for September, October, and November 2024. The fund will distribute $0.08 per share for each month. The ex-dates and record dates are set for September 13, October 11, and November 12, 2024, respectively. The corresponding payable dates are September 26, October 30, and November 27, 2024.

It's important to note that these distribution amounts are estimates and not provided for tax reporting purposes. The actual amounts and sources of distributions for tax purposes will depend on the Fund's investment performance during the remainder of its fiscal year. Shareholders will receive a Form 1099-DIV for the calendar year, which will provide the necessary information for federal income tax reporting.

Positive

• Consistent monthly distributions of $0.08 per share
• Distribution schedule announced in advance, providing clarity for investors

Negative

• None.

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:

Amount of Distribution	Ex-Date	Record Date	Payable Date
$0.08	September 13, 2024	September 13, 2024	September 26, 2024
$0.08	October 11, 2024	October 11, 2024	October 30, 2024
$0.08	November 12, 2024	November 12, 2024	November 27, 2024

The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.

About the Fund

Virtus Global Multi-Sector Income Fund is a diversified closed-end fund that seeks to maximize current income while preserving capital by investing in broadly diversified holdings across the major domestic and international fixed-income sectors. Virtus Investment Advisers, Inc. is the investment adviser to the Fund and Newfleet Asset Management is its subadviser.

For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.

Fund Risks

An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.

About Newfleet Asset Management

Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Global Multi-Sector Income Fund leverages the knowledge and skill of investment professionals with expertise in every sector of the bond market, including evolving, specialized and out-of-favor sectors. The team employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy’s stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit newfleet.com.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240829856309/en/

For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com

Source: Virtus Global Multi-Sector Income Fund

FAQ

What is the distribution amount for Virtus Global Multi-Sector Income Fund (VGI) in September, October, and November 2024?

Virtus Global Multi-Sector Income Fund (VGI) will distribute $0.08 per share for each month in September, October, and November 2024.

When are the ex-dates and payable dates for VGI's distributions in fall 2024?

The ex-dates are September 13, October 11, and November 12, 2024. The corresponding payable dates are September 26, October 30, and November 27, 2024.

Are the announced distribution amounts for VGI final for tax reporting purposes?

No, the announced distribution amounts are estimates. The actual amounts and sources for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year.

How will shareholders of VGI receive tax information about the distributions?

Shareholders will receive a Form 1099-DIV for the calendar year, which will provide the necessary information for federal income tax reporting.